| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | $173M | $372M | 10.3% | -48.7% |
| Op. Income | -$4M | $13M | $122M | -135.5% | -103.7% |
| Gross Margin | 47.2% | 48.6% | 51.2% | -1.5pp | -4.1pp |
| Net Margin | 2.2% | 8.7% | 32.0% | -6.5pp | -29.8pp |
| EPS (Diluted) | $0.07 | $0.26 | $1.99 | -72.2% | -96.4% |
| Free Cash Flow | -$2M | -$9M | $100M | 81.5% | -101.6% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $90M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $22M |
| Operating Expenses | $95M |
| Cost & Expenses | $195M |
| OPERATING INCOME | -$4M |
| Interest Income | $9M |
| Interest Expense | $50.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $148.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $9M |
| EBIT | $4M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$195M |
| Sales/Maturities of Investments | $230M |
| Other Investing Activities | $83.0K |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | -$121.0K |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $402M |
| Short-Term Investments | $310M |
| Net Receivables | $198M |
| Inventory | $228M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $160M |
| Goodwill | $89M |
| Intangible Assets | $31M |
| Long-Term Investments | $433.0K |
| Tax Assets | $41M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $325M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $53M |
| Short-Term Debt | $0 |
| Deferred Revenue | $52M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $338M |
| Common Stock | $572M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | -$728M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $48M |
| Net Debt | -$354M |
